I am currently experiencing a slight "hiccup" in the settlement of my latest IP. The situation is that finance is due today and the bank has insisted on valuing all my properties. This is all well and good but they haven't actually gotten around to sending the valuer to the property being purchased yet. The real estate and bank are waiting for the valuer to contact them re an appointment but no one even knows who the valuer is.
I have requested an extension on finance thru my solicitor but as yet she has not heard anything from the vendor's solicitor. I am getting a bit jittery considering the last valuation may not be done by end of day.
Has this happened to anyone else and if so how did you handle it?
Nat
I have requested an extension on finance thru my solicitor but as yet she has not heard anything from the vendor's solicitor. I am getting a bit jittery considering the last valuation may not be done by end of day.
Has this happened to anyone else and if so how did you handle it?
Nat